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The impacts are global, but the U.S. is bearing the brunt One of the major upsets for markets since Trump took office has been the rapid unwinding of the “U.S. exceptionalism” narrative.
Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor ...
The bank also lopped 0.4 percentage points off its forecast for global growth this year. It now expects the world economy to expand just 2.3% in 2025, down from 2.8% in 2024.
U.S. President Donald Trump's tariff decisions since he took office on January 20 have shocked financial markets and sent a wave of uncertainty through the global economy.
Economic fallout from the weekend strike by U.S. forces on Iranian nuclear facilities has been muted so far, but the opening of direct hostilities between the U.S. and Iran could have far-reaching … ...
The global economy is sailing through this year’s historic increase in tariffs, displaying an unexpected trait: resilience. Faced with extreme uncertainty, businesses and households have ...
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